Mika Vaihekoski is Professor of Finance at the University of Turku (UTU), Turku School of Economics, Department of Accounting and Finance. Vaihekoski got his M.Sc. in economics and business administration from Turku School of Economics, and a D.Sc in finance from Hanken School of Economics. During his doctoral studies he was also a student at the Graduate School of Finance and Financial Accounting. With the help of the ASLA-Fulbright scholarship Vaihekoski also visited Kellogg Graduate School of Management at the Northwestern University in the USA. Prior to joining Turku School of Economics / University of Turku in 2008, he was appointed as an Assistant Professor of Finance at the Helsinki School of Economics and as the Director of the Finance Institute at LTT Research Ltd from 2000 to 2004. In 2004, he was appointed as a Professor of Finance at the Lappeenranta University of Technology.